Chinese cobalt metal price rising analysis
2013-06-27 15:10:12 【Print】
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At the present time, impacted by the news of United States will end the policy of QE3 and the “money shortage” of Chinese banks, base metals such as nickel, copper price falls. Under the situation of economic downturn, many minor metals prices drop. However, cobalt metal price bottomed out at the start of April. Chinese cobalt metal price rises to RMB200-215/kg (USD32.47-34.90/kg), up from RMB185-200/kg (USD30.03-32.47/kg) in early April, rising by nearly 8%.
